US stocks showed mixed performance across the three major indexes on 22 September. The Nasdaq continued to set record highs, while the Dow fell $185. Declines in financial stocks and movements in crude oil prices and yields affected the market. The Tokyo market was closed for the Autumnal Equinox holiday.
In US trading on 22 September, the Dow Jones Industrial Average closed down $185.14 from the previous day at $51,863.69. The S&P 500 fell 0.06 points to 7,764.64, while the Nasdaq Composite rose 122.19 points to 27,244.28, with the indexes showing mixed performance. The Nasdaq reached a record high for the second consecutive day.
Large-cap technology stocks continued to rise on the Nasdaq, while semiconductor-related shares supported the index. The market remained focused on expectations for demand related to artificial intelligence.
Financial stocks, meanwhile, fell, led by major bank stocks, weighing on the Dow and S&P 500. In energy markets, WTI crude oil was near its lowest level in about two weeks, while Brent dipped below $100 at times.
The US 10-year Treasury yield remained around 4.96%, as the market continued to focus on expectations for additional Federal Reserve rate hikes. The dollar-yen exchange rate remained in the ¥157 range, and the Tokyo market was closed on the 23rd.
The Nikkei Stock Average, the most recent trading day on 18 September, closed at ¥65,018.95.